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     ARTICLE 9

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RELATING TO LEASES

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     SECTION 1. This article consists of a Joint Resolution that is submitted pursuant to Rhode

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Island General Laws § 37-6-2, authorizing various lease agreements for office space and operating

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space.

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     SECTION 2. Rhode Island Department of State (148 West River Street, Providence).

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     WHEREAS, the Rhode Island Department of State currently occupies approximately

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12,152 square feet at 148 West River Street in the City of Providence; and

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     WHEREAS, the Rhode Island Department of State currently holds a lease agreement, in

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full force and effect, with EGMP 146-148 West River LLC for approximately 12,152 square feet

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of office and customer service space located at 148 West River Street, in the City of Providence;

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and

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     WHEREAS, the existing lease expires on July 31, 2026, and the Rhode Island Department

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of State wishes to enter into a new lease agreement for a period of ten (10) years; and

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     WHEREAS, the State of Rhode Island, acting by and through the Department of State

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attests to the fact that there are no clauses in the lease agreement with EGMP 146-148 West River

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LLC that would interfere with the Department of State’s lease agreement or use of the facility; and

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     WHEREAS, the leased premises provide a critical location for the offices of the

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Department of State from which the agency can fulfill its mission; and

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     WHEREAS, the annual fixed rent in the agreement in the current fiscal year, ending June

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30, 2026 is $256,589.52; and

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     WHEREAS, the annual base rent of the agreement in year one is not to exceed $261,268.00

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which will be followed by annual increases of 2.5% in years two (2) through ten (10), with year ten

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(10) not to exceed $326,287.93; and

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     WHEREAS, the payment of the annual base rent will be made from funds available to the

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Department of State for the payments of rental and lease costs based on annual appropriations made

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by the General Assembly; and

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     WHEREAS, the State Properties Committee now respectfully requests the approval of the

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Rhode Island House of Representatives and the Rhode Island Senate for the lease agreement

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between the Department of State and EGMP 146-148 West River LLC for leased space located at

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148 West River Street, Providence; now therefore be it

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     RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the

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lease agreement, for a term not to exceed ten (10) years and an aggregate base rent not to exceed

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$2,927,085.15; and it be further

 

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     RESOLVED, that this Joint Resolution shall take effect upon passage by the General

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Assembly; and it be further

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     RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly

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certified copies of this resolution to the Governor, the Secretary of State, the Director of

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Administration, the State Budget Officer, and the Chair of the State Properties Committee.

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     SECTION 3. Rhode Island Department of Environmental Management, (235 Promenade

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Street, Providence).

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     WHEREAS, the Rhode Island Department of Environmental Management currently

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occupies 126,184 square feet at 235 Promenade Street in the City of Providence; and

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      WHEREAS, the Rhode Island Department of Environmental Management currently

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holds a lease agreement in full force and effect, with Foundry Parcel Fifteen Associates, LLC for

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126,184 square feet of office and customer service space located at 235 Promenade Street, in the

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City of Providence; and

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     WHEREAS, the existing lease expires on July 7, 2026, and the Rhode Island Department

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of Environmental Management wishes to enter into a new lease agreement for a period of ten (10)

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years; and

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     WHEREAS, the Department of Administration and Rhode Island Department of

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Environmental Management received and reviewed proposals for office space that would meet the

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Department of Environmental Management’s needs; and

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     WHEREAS, upon completing an evaluation of the submitted lease proposals, the Rhode

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Island Department of Environmental Management wishes to enter into a ten-year lease agreement

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with Foundry Parcel Fifteen Associates, LLC for 115,328 square feet of office space located at 235

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Promenade Street in the city of Providence; and

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     WHEREAS, the State of Rhode Island, acting by and through the Rhode Island Department

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of Environmental Management attests to the fact that there are no clauses in the lease agreement

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with Foundry Parcel Fifteen Associates, LLC that would interfere with the Rhode Island

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Department of Environmental Management’s lease agreement or use of the facility; and

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     WHEREAS, the leased premises provide a critical location for the offices of the Rhode

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Island Department of Environmental Management from which the agency can fulfill its mission;

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and

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     WHEREAS, the annual fixed rent in the agreement in the current fiscal year, ending June

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30, 2026 is $2,586,772; and

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     WHEREAS, the annual fixed rent of the agreement in each of the first five (5) years of the

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renewal term will not exceed $2,600,000 and shall not exceed $2,800,000 in each of the remaining

 

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years of the renewal term (or in each of years six (6) through ten (10) of the renewal term); and

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     WHEREAS, the payment of the annual fixed rent will be made from funds available to the

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Rhode Island Department of Environmental Management for the payments of rental and lease costs

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based on annual appropriations made by the General Assembly; and

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     WHEREAS, the State Properties Committee now respectfully requests the approval of the

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Rhode Island House of Representatives and the Rhode Island Senate for the lease agreement

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between the Rhode Island Department of Environmental Management and Foundry Parcel Fifteen

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Associates, LLC for lease space located at 235 Promenade Street, Providence; now therefore be it

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     RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the

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lease agreement, for a term not to exceed ten (10) years and an aggregate fixed rent not to exceed

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$27,000,000; and it be further

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     RESOLVED, that this Joint Resolution shall take effect upon passage by the General

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Assembly; and it be further

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     RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly

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certified copies of this resolution to the Governor, the Secretary of State, the Director of the Rhode

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Island Department of Environmental Management, the Director of Administration, the State

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Budget Officer, and the Chair of the State Properties Committee.

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     SECTION 4. State of Rhode Island Office of the Public Defender (160 Pine Street,

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Providence).

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     WHEREAS, the Office of the Public Defender currently occupies approximately 19,777

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square feet at 160 Pine Street in the City of Providence; and

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     WHEREAS, the Office of the Public Defender currently holds a lease agreement, in full

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force and effect, with PK Lamb Properties, Inc. for approximately 19,777 square feet of office

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space located at 160 Pine Street, in the City of Providence; and

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     WHEREAS, the existing lease expires on July 31, 2026, and the Office of the Public

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Defender wishes to renew this lease for an additional five-year term; and

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     WHEREAS, the State of Rhode Island, acting by and through the Office of the Public

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Defender attests to the fact that there are no clauses in the lease agreement with PK Lamb

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Properties, Inc. that would interfere with the Office of the Public Defender’s lease agreement or

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use of the facility; and

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     WHEREAS, the leased premises provide a critical location for the Office of the Public

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Defender from which the agency can fulfill its mission; and

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     WHEREAS, the annual fixed rent in the agreement in the current fiscal year, ending June

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30, 2026 is $393,166.76; and

 

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     WHEREAS, the annual fixed rent of the agreement in the five (5) years of the renewal term

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will not exceed $435,093.96; and

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     WHEREAS, the payment of the annual fixed rent will be made from funds available to the

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Office of the Public Defender for the payments of rental and lease costs based on annual

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appropriations made by the General Assembly; and

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     WHEREAS, the State Properties Committee now respectfully requests the approval of the

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Rhode Island House of Representatives and the Rhode Island Senate for the lease agreement

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between the Office of the Public Defender and PK Lamb Properties, Inc. for leased space located

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at 160 Pine Street, Providence; now therefore be it

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     RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the

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lease agreement, for a term not to exceed five (5) years and an aggregate fixed rent not to exceed

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$2,175,469.80; and it be further

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     RESOLVED, that this Joint Resolution shall take effect upon passage by the General

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Assembly; and it be further

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     RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly

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certified copies of this resolution to the Governor, the Secretary of State, the Public Defender, the

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Director of Administration, the State Budget Officer, and the Chair of the State Properties

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Committee.

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     SECTION 5. This article shall take effect upon passage.

 

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